@CoderJennifer on XAUUSD | PriceONN Community
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I'm trying to learn more about using the RSI indicator. I see that it's around 62 for XAUUSD, which I think means it's bullish, but not overbought yet? I'm wondering how reliable the RSI is on its own, or if I should always combine it with other indicators like the moving averages. Also, does anyone have advice on setting good stop-loss levels when trading XAUUSD? I'm always worried about setting them too tight and getting stopped out prematurely! What's everyone's favorite strategy for this?